1801 N Harvard Blvd | Los Angeles, CA 90027
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- LoopNet Team
1801 N Harvard Blvd
Los Angeles, CA 90027
8 Units w/ 13.5 Current GRM & 4.45% CAP · Multifamily Property For Sale · 8 Units
Investment Highlights
- 13.5 GRM and 4.45% CAP on current rents with noticeable rental upside
- Value-add opportunity, approx. 21% upside in rents compared to renovated units in the area
- Capital improvements include a new roof and fresh exterior paints. Property features laundry room & carport parking spaces
- Located just south of Franklin Ave and adjacent to Los Feliz, walkable to shops & restaurants along Vermont Ave.
- Soft-story retrofitting not required
- Each bright and spacious unit average approx. 800 SF
PROPERTY FACTS
| No. Units | 8 | Building Size | 6,887 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1956 |
| Building Class | C | Parking Ratio | 0.73/1,000 SF |
| Lot Size | 0.17 AC |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 6,887 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1956 |
| Parking Ratio | 0.73/1,000 SF |
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $2,495 | - |
| 1+1 | 7 | $1,563 | - |
PROPERTY TAXES
| Parcel Number | 5544-008-004 | Improvements Assessment | $596,700 |
| Land Assessment | $1,530,000 | Total Assessment | $2,126,700 |
PROPERTY TAXES
Parcel Number
5544-008-004
Land Assessment
$1,530,000
Improvements Assessment
$596,700
Total Assessment
$2,126,700
zoning
| Zoning Code | LAR3 |
| LAR3 |
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